Trigger Event

Trigger Event. The grant, exercise, cancellation, release, assignment or other disposal of any Rights pursuant to this Plan

Trigger Event. (i) the occurrence of a Default beyond any applicable notice and cure period, (ii) the occurrence of a DSCR Trigger Event or (iii) the occurrence of a Go Dark Trigger Event

Trigger Event. Means a failure by Borrower to pay any principal or interest when due (by operation of law or otherwise) on the Loan or a failure by Boston Scientific or any of its Subsidiaries to pay any principal or interest when due on any Principal Indebtedness.

Trigger Event. Means any of (a) a failure by Holdco Buyer to timely comply with any of its obligations under this Agreement, (b) any bankruptcy, reorganization, debt arrangement or other proceeding under any bankruptcy or insolvency law, or any dissolution or liquidation proceeding, instituted by or against Holdco Buyer that remains undismissed, undischarged or unbonded for a period of 20 days and (c) any failure by Holdco Buyer to timely comply with its payment obligations under the 2015 Purchase Agreement,... including the obligations to pay (i) any Note Prepayment Amount (as such term is defined under the 2015 Purchase Agreement), (ii) any Deemed Interest Amount (as such term is defined under the 2015 Purchase Agreement) and (iii) any accrued and unpaid interest on any Exchangeable Notes (as such term is defined under the 2015 Purchase Agreement), in each case, as required by the 2015 Purchase Agreement. View More

Trigger Event. Means a transformative transaction intended to increase the market value of the Company equity for the benefit of its shareholders, which may involve, for example, a spinoff of one or more wholly-owned subsidiaries of the Company (collectively, "Spinco"), a going private transaction, a leveraged recapitalization, or termination of the Company's regulated investment company status.

Trigger Event. The occurrence of a Termination Event or Credit Rating Event

Trigger Event. (a) any Event of Default (as defined in the Senior Loan Documentation) relating to the payment of any amount due pursuant to the Senior Loan Documentation or relating to financial covenant requirements under the Senior Loan Documentation, or (b) if at any time the ratio of the Corporation's aggregate Indebtedness for Borrowed Money (which shall include with respect to the Preferred Stock the aggregate Deemed Original Issue Price of, and all accrued and unpaid Liquidation Accruing Dividends on,... the shares of Preferred Stock then-outstanding) to its trailing twelve month Adjusted EBITDA exceeds 7.7x, as of the last day of the most recent fiscal quarter ended on or prior to the date of determination for which quarterly or annual financial statements are available, such Adjusted EBITDA to be determined giving pro forma effect to transactions completed during such fiscal quarter, as though they had occurred on the first day of such fiscal quarter, provided, that no pro forma effect shall be given to any acquisition transactions that occur during such fiscal quarter unless the holders of the Preferred Stock have been provided a quality of earnings report from a financial advisor of national standing reasonably satisfactory to holders of a majority of such Preferred Stock, to the extent that giving pro forma effect to such transaction would result in an increase in Adjusted EBITDA of five percent (5%) or more. View More

Trigger Event. The occurrence of each of the following events: (1) the Initial Payment Date (as such term is defined in the Offer to Purchase), or if there is no Initial Payment Date, the Final Settlement Date (as such term is defined in the Offer to Purchase), and (2) the Company's payment to Holders of Securities the Consent Payment (as such term is defined in the Offer to Purchase) payable as of such Initial Payment Date for Securities tendered on or before the Early Tender Deadline (as such term is... defined in the Offer to Purchase), or if there is no Initial Payment Date, the Final Settlement Date, pursuant to the terms and conditions of the Offer to Purchase. View More

Trigger Event. With respect to any Participant: (i) the death or permanent disability of a Participant; (ii) the termination for any reason of the Participant's Continuous Service with the Company; (iii) any Transfer, whether voluntary or involuntary, of the Participant's Incentive Units in violation of the applicable Offer Letter, this Plan or the LLC Agreement, including any impermissible Transfer resulting from or in connection with a domestic relations order or proceeding, or any bankruptcy-related... proceeding, order or case; and (iv) any violation by a Participant of any confidentiality agreement, covenant not to compete, covenant not to solicit or other restrictive covenant in favor of the Company View More

Trigger Event. The consummation of the conversion of the Company or its business into a corporation